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Bloodsport: When Ruthless Dealmakers, Shrewd Ideologues, and Brawling Lawyers Toppled the Corporate Establishment by Robert Teitelman

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Chapter Two

JOE FLOM: BE VERY AFRAID

MODERN M&A BEGINS with Joe Flom. He was never a principal or a financier. He was never more than an advisor, a lawyer, an intermediary, an agent, though in Flom’s skillful hands those roles made him the essential, central figure. This was paradoxical: in an age that believed that authenticity and accountability arose only from having money in the game, Flom never did, at least not directly. In normal circumstances, this would have opened him up to suspicions of double-dealing. But he negotiated those currents—building one of the world’s most successful law firms around himself like a carapace in the process—with surpassing skill. He might have been occasionally harsh, ruthless, devious, ambitious, cagey, ...

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